Cloud Storage Market Size By Component (Services, Solutions), By Type (File Storage, Block Storage, Object Storage), By Deployment Model (Hybrid Cloud, Public Cloud, Private Cloud), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), By Vertical (Healthcare and Life Sciences, Government and Public Sector, Manufacturing, Media and Entertainment, Consumer Goods and Retail, Banking, Financial Services, and Insurance, Telecommunications, IT and ITeS, Energy and Utilities, Education), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The global cloud storage market is expected to be around USD 203.5 billion by 2027, at a CAGR of 22% during the forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
22
REPORT DESCRIPTION
The global cloud storage market is expected to be around USD 203.5 billion by 2027, at a CAGR of 22% during the forecast period.
Cloud storage is a next-generation system that interacts in human language and helps experts to form better decisions by understanding the complexity of unstructured data. The universal market encompasses technologies like tongue processing, machine learning, automated reasoning, and knowledge retrieval, which are utilized in translating unstructured data to sense, infer, and predict best solutions. Cloud storage is a primary component in cloud computing, catering to the requirements of knowledge holding of varied applications like big data analytics, information backup, data archive, Internet of Things (IoT), data warehouse, and lots of others. Cloud storage enhances business operations by leveraging mobile workforce with easy accumulation, archive, access, and data recovery facilities. Also, cloud enables storage scalability with minimal cost as compared to on-premise data centers. Cloud storage has accumulated a concrete consideration among enterprises due to its flexible, authentic, and secure mode of knowledge storage and availability.
The global Cloud Storage market is segregated on the basis of Component as Services and Solutions. Based on Type the global Cloud Storage market is segmented in File Storage, Block Storage, and Object Storage. Based on Deployment Model the global Cloud Storage market is segmented in Hybrid Cloud, Public Cloud, and Private Cloud.
Based on Organization Size, the global Cloud Storage market is segmented in Small and Medium-Sized Enterprises and Large Enterprises. The report also bifurcates the global Cloud Storage market based on Vertical in Healthcare and Life Sciences, Government and Public Sector, Manufacturing, Media and Entertainment, Consumer Goods and Retail, Banking, Financial Services, and Insurance, Telecommunications, IT and ITeS, Energy and Utilities, and Education.
The global Cloud Storage market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Cloud Storage market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Tencent, Virtustream, Fujitsu, Box, Carbonite, AWS, IBM, Microsoft, Google, Oracle, and others are among the major players in the global Cloud Storage market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Cloud Storage Market has been segmented as below:
Cloud Storage Market, By Component
Cloud Storage Market, By Type
Cloud Storage Market, By Deployment Model
Cloud Storage Market, By Organization Size
Cloud Storage Market, By Vertical
Cloud Storage Market, By Region
Cloud Storage Market, By Company
The report covers:
Report Scope:
The global Cloud Storage market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Cloud Storage market share. Major industry players with significant revenue share include Tencent, Virtustream, Fujitsu, Box, Carbonite, AWS, IBM, Microsoft, Google, Oracle, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Cloud Storage Market, By Component
5.1 Introduction
5.2 Services
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Solutions
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Cloud Storage Market, By Type
6.1 Introduction
6.2 File Storage
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Block Storage
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Object Storage
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Cloud Storage Market, By Deployment Model
7.1 Introduction
7.2 Hybrid Cloud
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Public Cloud
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Private Cloud
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Cloud Storage Market, By Organization Size
8.1 Introduction
8.2 Small and Medium-Sized Enterprises
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Large Enterprises
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Cloud Storage Market, By Vertical
9.1 Introduction
9.2 Healthcare and Life Sciences
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Government and Public Sector
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Manufacturing
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 Media and Entertainment
9.5.1 Market Overview
9.5.2 Market Size and Forecast
9.6 Consumer Goods and Retail
9.6.1 Market Overview
9.6.2 Market Size and Forecast
9.7 Banking, Financial Services, and Insurance
9.7.1 Market Overview
9.7.2 Market Size and Forecast
9.8 Telecommunications
9.8.1 Market Overview
9.8.2 Market Size and Forecast
9.9 IT and ITeS
9.9.1 Market Overview
9.9.2 Market Size and Forecast
9.10 Energy and Utilities
9.10.1 Market Overview
9.10.2 Market Size and Forecast
9.11 Education
9.11.1 Market Overview
9.11.2 Market Size and Forecast
10. Cloud Storage Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Cloud Storage, By Component
10.2.2 North America Cloud Storage, By Type
10.2.3 North America Cloud Storage, By Deployment Model
10.2.4 North America Cloud Storage, By Organization Size
10.2.5 North America Cloud Storage, By Vertical
10.3 Europe
10.3.1 Europe Cloud Storage, By Component
10.3.2 Europe Cloud Storage, By Type
10.3.3 Europe Cloud Storage, By Deployment Model
10.3.4 Europe Cloud Storage, By Organization Size
10.3.5 Europe Cloud Storage, By Vertical
10.4 Asia-Pacific
10.4.1 Asia-Pacific Cloud Storage, By Component
10.4.2 Asia-Pacific Cloud Storage, By Type
10.4.3 Asia-Pacific Cloud Storage, By Deployment Model
10.4.4 Asia-Pacific Cloud Storage, By Organization Size
10.4.5 Asia-Pacific Cloud Storage, By Vertical
10.5 Rest of the World
10.5.1 Rest of the World Cloud Storage, By Component
10.5.2 Rest of the World Cloud Storage, By Type
10.5.3 Rest of the World Cloud Storage, By Deployment Model
10.5.4 Rest of the World Cloud Storage, By Organization Size
10.5.5 Rest of the World Cloud Storage, By Vertical
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 Tencent
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 Virtustream
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 Fujitsu
12.3.1 Company Overview
12.3.2 Product/Service Landscape
12.3.3 Financial Overview
12.3.4 Recent Developments
12.4 Box
12.4.1 Company Overview
12.4.2 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 Carbonite
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 AWS
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 IBM
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 Microsoft
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 Google
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 Oracle
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
12.11 Alibaba Cloud
12.11.1 Company Overview
12.11.2 Product/Service Landscape
12.11.3 Financial Overview
12.11.4 Recent Developments
12.12 VMware
12.12.1 Company Overview
12.12.2 Product/Service Landscape
12.12.3 Financial Overview
12.12.4 Recent Developments
12.13 Rackspace
12.13.1 Company Overview
12.13.2 Product/Service Landscape
12.13.3 Financial Overview
12.13.4 Recent Developments
12.14 HPE
12.14.1 Company Overview
12.10.2 Product/Service Landscape
12.14.3 Financial Overview
12.14.4 Recent Developments
12.15 Dell EMC
12.15.1 Company Overview
12.15.2 Product/Service Landscape
12.15.3 Financial Overview
12.15.4 Recent Developments
12.16 Dropbox
12.16.1 Company Overview
12.16.2 Product/Service Landscape
12.16.3 Financial Overview
12.16.4 Recent Developments
The Cloud Storage Market has been segmented as below:
Cloud Storage Market, By Component
Cloud Storage Market, By Type
Cloud Storage Market, By Deployment Model
Cloud Storage Market, By Organization Size
Cloud Storage Market, By Vertical
Cloud Storage Market, By Region
Cloud Storage Market, By Company
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